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Announced

Completed

Tietoevry completed the acquisition of MentorMate from Taylor.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Single Bidder

digital engineering

Software

Acquisition

Majority

Private

Completed

Friendly

Cross Border

Synopsis

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Tietoevry, a Finnish IT software and service company, completed the acquisition of MentorMate, a software developer, from Taylor, a communication and technology products and services company. Financial terms were not disclosed. "The acquisition of MentorMate advances our specialization strategy with a high focus on software and digital engineering - a concrete step to accelerate our strategy execution and value creation," Kimmo Alkio, Tietoevry CEO.

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